Marex Group Ltd
In its 13F for Q4 2025 (holdings as of December 31, 2025, filed February 12, 2026), Marex Group Ltd reported 822 stock positions worth $9.2 billion. Its top holding was Unitedhealth (UNH) at 5.0% of the portfolio, followed by Strategy (MSTR, 4.8%) and Coinshares Bitcoin ETF (BRRR, 4.5%). Compared with Q3 2025, it opened 321 new positions, sold out of 183, added to 260 and reduced 204. The biggest buy was Broadcom (AVGO, shares +290%) and the biggest sale Eli Lilly (LLY, shares −91%).
- Most Recent 13F
- Q2 2026
- Location
- London, X0
- CIK
- 0001997464
- Portfolio Value
- $9.2B (Q4 2025)
- SEC Filing
- 0001997464-26-000002 ↗ filed Feb 12, 2026
Holdings Value
Holdings 822 stocks · $9.2B
| UNH Unitedhealth Group Inc. | 5.01% | 1,402,276 | $462.9M | Add +32.4% |
| MSTR Strategy Inc. | 4.83% | 2,934,332 | $445.9M | Add +40.9% |
| BRRR Coinshares Bitcoin ETF | 4.54% | 16,940,000 | $418.9M | No change |
| NVDA Nvidia Corp. | 4.51% | 2,235,323 | $416.9M | Add +7.9% |
| IBIT iShares Bitcoin Trust ETF | 4.11% | 7,648,770 | $379.8M | Add +28.1% |
| META Meta Platforms Inc. Class A | 3.83% | 536,204 | $353.9M | Add +71.4% |
| AVGO Broadcom Inc. | 3.74% | 998,261 | $345.5M | Add +289.9% |
| TSLA Tesla Inc. | 3.66% | 751,563 | $338.0M | Add +181.3% |
| MA Mastercard Inc. Class A | 3.03% | 490,937 | $280.3M | Reduce -24.6% |
| BMNR Bitmine Immersion Technologi | 2.95% | 10,024,103 | $272.2M | Add +560.0% |
| ASTS Ast Spacemobile Inc. | 2.27% | 2,892,653 | $210.1M | Add +126.7% |
| ORCL Oracle Corp. | 2.07% | 982,786 | $191.6M | Add +871.1% |
| BKNG Booking Holdings Inc. | 2.03% | 35,091 | $187.9M | Reduce -47.3% |
| IONQ Ionq Inc. | 1.98% | 4,083,453 | $183.2M | Add +410.1% |
| HOOD Robinhood Markets Inc. Class A | 1.84% | 1,504,579 | $170.2M | Add +51.9% |
| IREN Iren Ltd. filed as IREN LIMITED | 1.83% | 4,471,263 | $168.9M | Add +36456.8% |
| HD Home Depot Inc. | 1.81% | 485,144 | $166.9M | Add +160.1% |
| NFLX Netflix Inc. | 1.60% | 1,572,480 | $147.4M | Reduce -26.1% |
| RDDT Reddit Inc. Class A | 1.50% | 602,788 | $138.6M | Add +34.1% |
| QBTS D-Wave Quantum Inc. | 1.30% | 4,592,656 | $120.1M | Add +74.9% |
| APLD Applied Digital Corp. | 1.04% | 3,904,759 | $95.7M | Add +38484.6% |
| MARA Mara Holdings Inc. | 0.99% | 10,137,713 | $91.0M | Add +2.6% |
| GOOGL Alphabet Inc. Class A | 0.96% | 282,666 | $88.5M | Add +366.2% |
| SMCI Super Micro Computer Inc. | 0.96% | 3,014,653 | $88.2M | Add +27.5% |
| QUBT Quantum Computing Inc. | 0.92% | 8,272,153 | $84.9M | Add +255.6% |
| NBIS Nebius Group NV | 0.89% | 980,525 | $82.1M | Add +461.2% |
| HIMS Hims & Hers Health Inc. | 0.85% | 2,419,518 | $78.6M | Add +162.2% |
| MSFT Microsoft Corp. | 0.85% | 162,408 | $78.5M | Add +48.5% |
| CRWV Coreweave Inc. Class A | 0.83% | 1,072,298 | $76.8M | Add +51.7% |
| MRVL Marvell Technology Inc. | 0.78% | 843,185 | $71.7M | Reduce -18.9% |
| CRM Salesforce Inc. | 0.71% | 249,238 | $66.0M | Reduce -6.6% |
| APP AppLovin Corp. Class A | 0.70% | 95,553 | $64.4M | Reduce -28.9% |
| ETHA iShares Ethereum Trust ETF | 0.69% | 2,842,766 | $63.8M | Add +125.9% |
| QQQ Invesco QQQ Trust Series 1 | 0.68% | 101,522 | $62.4M | Reduce -14.3% |
| VRT Vertiv Holdings Co. Class A | 0.67% | 384,156 | $62.2M | Add +36.8% |
| AAPL Apple Inc. | 0.66% | 224,343 | $61.0M | Add +50.2% |
| TLT iShares 20+ Year Treasury BD | 0.62% | 656,708 | $57.2M | Add +89.0% |
| OKLO Oklo Inc. | 0.61% | 788,051 | $56.6M | Add +20.4% |
| AXP American Express Co. | 0.60% | 150,690 | $55.7M | Add +9704.2% |
| RGTI Rigetti Computing Inc. | 0.60% | 2,483,384 | $55.0M | Add +8.8% |
| CLSK Cleanspark Inc. | 0.59% | 5,400,561 | $54.7M | Add +23812.2% |
| UPST Upstart Holdings Inc. | 0.56% | 1,178,997 | $51.6M | Reduce -9.6% |
| NVO Novo-Nordisk A/S-Spons ADR | 0.55% | 1,005,713 | $51.2M | Add +54.8% |
| AMZN Amazon.com Inc. | 0.55% | 219,389 | $50.6M | Add +77.7% |
| VOO Vanguard S&P 500 ETF | 0.55% | 80,351 | $50.4M | Add +70.4% |
| RKLB Rocket Lab Corp. | 0.53% | 695,647 | $48.5M | Reduce -58.1% |
| SGOV iShares 0-3 Month Treasury B | 0.52% | 474,685 | $47.6M | Reduce -9.6% |
| CI The Cigna Group | 0.50% | 168,526 | $46.4M | Add +36.6% |
| CRCL Circle Internet Group Inc. | 0.47% | 547,012 | $43.4M | Add +652.8% |
| TEM Tempus AI Inc. Class A | 0.43% | 679,823 | $40.1M | Reduce -10.5% |
| AMAT Applied Materials Inc. | 0.43% | 153,550 | $39.5M | Add +34.5% |
| AMD Advanced Micro Devices | 0.42% | 182,986 | $39.2M | Reduce -2.3% |
| LLY Eli Lilly & Co. | 0.40% | 34,671 | $37.3M | Reduce -90.7% |
| OPEN Opendoor Technologies Inc. | 0.37% | 5,807,039 | $33.9M | Add +15561.7% |
| SOFI Sofi Technologies Inc. | 0.35% | 1,248,819 | $32.7M | Reduce -22.0% |
| MSOS Advisorshares Pure US Cann | 0.35% | 6,900,000 | $32.6M | New |
| BBAI Bigbear.ai Holdings Inc. | 0.32% | 5,504,500 | $29.7M | Add +5.0% |
| BABA Alibaba Group Holding-SP ADR | 0.31% | 194,435 | $28.5M | Add +4.5% |
| SMR Nuscale Power Corp. | 0.29% | 1,901,700 | $26.9M | Add +7.7% |
| BIL SS SPDR BB 1-3M T-Bill ETF | 0.28% | 284,434 | $26.0M | Add +7295.6% |
| STLA Stellantis NV | 0.27% | 2,300,001 | $25.0M | Add +915.1% |
| DELL Dell Technologies -C | 0.27% | 197,084 | $24.8M | Reduce -9.8% |
| KLAC KLA Corp. | 0.27% | 20,294 | $24.7M | Reduce -32.8% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.26% | 47,971 | $24.1M | Reduce -61.0% |
| REGN Regeneron Pharmaceuticals | 0.26% | 31,189 | $24.1M | Reduce -38.8% |
| PDD PDD Holdings Inc. | 0.25% | 199,627 | $22.6M | Reduce -14.3% |
| GS Goldman Sachs Group Inc. | 0.24% | 25,077 | $22.0M | Add +7712.1% |
| PHYS Sprott Physical Gold Trust | 0.24% | 662,106 | $21.9M | Add +5.0% |
| ETOR Etoro Group Ltd. Class A | 0.23% | 605,205 | $21.3M | Add +291.3% |
| ACHR Archer Aviation Inc. Class A | 0.23% | 2,823,952 | $21.2M | Reduce -21.8% |
| APO Apollo Global Management Inc. | 0.22% | 143,249 | $20.7M | New |
| WULF Terawulf Inc. | 0.22% | 1,776,863 | $20.4M | New |
| GME Gamestop Corp. Class A | 0.22% | 1,015,478 | $20.4M | Add +31.6% |
| PSLV Sprott Physical Silver Trust | 0.22% | 851,673 | $20.1M | Add +10.3% |
| RIVN Rivian Automotive Inc. Class A | 0.21% | 990,279 | $19.5M | Add +5.2% |
| NVTS Navitas Semiconductor Corp. | 0.21% | 2,675,113 | $19.1M | Add +22203.8% |
| FBTC Fidelity Wise Origin Bitcoin | 0.21% | 248,673 | $19.0M | Add +0.0% |
| BRK.A Berkshire Hathaway Inc. Class A | 0.20% | 24 | $18.1M | No change |
| INTC Intel Corp. | 0.20% | 489,567 | $18.1M | Add +3.0% |
| AMGN Amgen Inc. | 0.18% | 51,362 | $16.8M | Reduce -74.4% |
| BULL Webull Corp. | 0.18% | 2,107,938 | $16.4M | Add +313.3% |
| SANA Sana Biotechnology Inc. | 0.16% | 3,732,780 | $15.2M | Reduce -2.4% |
| HON Honeywell International Inc. | 0.16% | 76,457 | $14.9M | New |
| MCHP Microchip Technology Inc. | 0.16% | 225,425 | $14.4M | Add +2689.2% |
| BLK BlackRock Inc. | 0.15% | 12,610 | $13.5M | Add +0.1% |
| NEM Newmont Corp. | 0.15% | 134,211 | $13.4M | Reduce -8.9% |
| DY Dycom Industries Inc. | 0.14% | 39,502 | $13.3M | New |
| DHT DHT Holdings Inc. | 0.14% | 1,084,752 | $13.2M | Add +5860.2% |
| TME Tencent Music Entertainm-ADR | 0.14% | 738,599 | $12.9M | Add +5.4% |
| TSM Taiwan Semiconductor-SP ADR | 0.14% | 41,553 | $12.6M | Reduce -13.6% |
| VT Vanguard Tot World STK ETF | 0.13% | 85,897 | $12.1M | Add +31.4% |
| PKBK Parke Bancorp Inc. | 0.13% | 474,798 | $11.9M | New |
| MELI MercadoLibre Inc. | 0.13% | 5,895 | $11.9M | Add +118.0% |
| COIN Coinbase Global Inc. Class A | 0.13% | 51,963 | $11.8M | Add +158.5% |
| B Barrick Mining Corp. | 0.12% | 262,772 | $11.4M | Add +1727.3% |
| ISRG Intuitive Surgical Inc. | 0.12% | 20,117 | $11.4M | Add +700.2% |
| QS Quantumscape Corp. | 0.12% | 1,071,592 | $11.2M | Add +5655.1% |
| FXI iShares China Large-Cap ETF | 0.12% | 283,141 | $10.8M | Reduce -39.3% |
| LCID Lucid Group Inc. | 0.12% | 1,015,375 | $10.7M | Reduce -21.4% |
| PLTR Palantir Technologies Inc. Class A | 0.12% | 60,278 | $10.7M | Reduce -13.3% |
Options reported separately and not counted above: META puts ($446.2M), UNH puts ($392.8M), TSLA puts ($377.0M), BKNG puts ($348.1M), AAPL puts ($326.2M), MA puts ($279.7M), AVGO puts ($275.1M), AAPL calls ($272.7M), NVDA puts ($258.4M), MSFT puts ($249.8M), IBIT calls ($221.1M), MSFT calls ($172.1M), and 121 more.
Other holdings (8): bonds, preferreds, convertibles and warrants · $462K (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| STRATEGY INC (MSTR 8 PERP) | SERIES A PERP PF | 4,400 | $347K | Add +19.7% |
| INFQ.WS Churchill Capital Corp. X | *W EXP 05/14/203 | 14,220 | $109K | New |
| FOXXW 1OXX | *W EXP 09/26/202 | 26,000 | $3K | New |
| GDEV INC | *W EXP 99/99/999 | 131,111 | $2K | Add +63.9% |
| MNYWW Moneyhero Ltd.-28 | *W EXP 09/13/202 | 11,320 | $483 | No change |
| KTTAW Pasithea Therapeutics -CW26 | *W EXP 08/12/202 | 25,000 | $345 | No change |
| SQFTW Presidio Property TRST -CW27 | *W EXP 01/24/202 | 10,000 | $325 | No change |
| ORGNW Origin Materials -CW26 | *W EXP 06/25/202 | 30,000 | $171 | No change |
Total filed on the 13F, all lines: $9.2B.
Portfolio Sells Q3 2025 → Q4 2025
| LLY Eli Lilly & Co. | Reduce -90.7% | 0.40% | −3.12 |
| BKNG Booking Holdings Inc. | Reduce -47.3% | 2.03% | −2.42 |
| NFLX Netflix Inc. | Reduce -26.1% | 1.60% | −1.56 |
| MA Mastercard Inc. Class A | Reduce -24.6% | 3.03% | −1.55 |
| NOW ServiceNow Inc. | Reduce -99.1% | 0.01% | −0.81 |
| SPGI S&P Global Inc. | Sold out | 0.00% | −0.60 |
| AMGN Amgen Inc. | Reduce -74.4% | 0.18% | −0.52 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -61.0% | 0.26% | −0.50 |
| APP AppLovin Corp. Class A | Reduce -28.9% | 0.70% | −0.50 |
| TMO Thermo Fisher Scientific Inc. | Reduce -98.4% | 0.01% | −0.48 |
| RKLB Rocket Lab Corp. | Reduce -58.1% | 0.53% | −0.44 |
| INTU Intuit Inc. | Reduce -79.7% | 0.07% | −0.36 |
| TEM Tempus AI Inc. Class A | Reduce -10.5% | 0.43% | −0.32 |
| SLV iShares Silver Trust | Reduce -90.5% | 0.04% | −0.31 |
| MRVL Marvell Technology Inc. | Reduce -18.9% | 0.78% | −0.31 |
| LCID Lucid Group Inc. | Reduce -21.4% | 0.12% | −0.27 |
| UPST Upstart Holdings Inc. | Reduce -9.6% | 0.56% | −0.26 |
| CASY Casey's General Stores Inc. | Sold out | 0.00% | −0.24 |
| SBUX Starbucks Corp. | Reduce -89.4% | 0.02% | −0.21 |
| QQQ Invesco QQQ Trust Series 1 | Reduce -14.3% | 0.68% | −0.20 |
| ACHR Archer Aviation Inc. Class A | Reduce -21.8% | 0.23% | −0.20 |
| SOFI Sofi Technologies Inc. | Reduce -22.0% | 0.35% | −0.19 |
| VXUS Vanguard Total Intl Stock | Sold out | 0.00% | −0.15 |
| CVX Chevron Corp. | Reduce -93.5% | 0.01% | −0.14 |
| SGOV iShares 0-3 Month Treasury B | Reduce -9.6% | 0.52% | −0.14 |
| KLAC KLA Corp. | Reduce -32.8% | 0.27% | −0.14 |
| PDD PDD Holdings Inc. | Reduce -14.3% | 0.25% | −0.14 |
| VCSH Vanguard S/T Corp. Bond ETF | Sold out | 0.00% | −0.14 |
| FXI iShares China Large-Cap ETF | Reduce -39.3% | 0.12% | −0.12 |
| DELL Dell Technologies -C | Reduce -9.8% | 0.27% | −0.11 |
| RIOT Riot Platforms Inc. | Reduce -37.2% | 0.06% | −0.11 |
| GLD SPDR Gold Shares | Reduce -71.0% | 0.04% | −0.11 |
| IAGG iShares Intl Aggregate Bond | Sold out | 0.00% | −0.10 |
| MDT Medtronic PLC | Reduce -95.2% | 0.00% | −0.10 |
| REGN Regeneron Pharmaceuticals | Reduce -38.8% | 0.26% | −0.09 |
| TDG Transdigm Group Inc. | Sold out | 0.00% | −0.08 |
| SOUN Soundhound AI Inc. Class A | Reduce -6.3% | 0.09% | −0.08 |
| VCLT Vanguard Long-Term Corp. Bond | Sold out | 0.00% | −0.08 |
| AMT American Tower Corp. | Sold out | 0.00% | −0.07 |
| CRM Salesforce Inc. | Reduce -6.6% | 0.71% | −0.07 |
| MRNA Moderna Inc. | Reduce -87.9% | 0.01% | −0.07 |
| LQD Ishr Ibx Usd Invgd CB ETF-Ui | Reduce -69.0% | 0.02% | −0.07 |
| HSY The Hershey Co. | Sold out | 0.00% | −0.06 |
| DB Deutsche Bank AG-Registered | Reduce -54.6% | 0.04% | −0.05 |
| FUTU Futu Holdings Ltd.-ADR | Reduce -81.2% | 0.01% | −0.05 |
| ASAN Asana Inc. Class A | Reduce -53.5% | 0.03% | −0.05 |
| INSW International Seaways Inc. | Sold out | 0.00% | −0.05 |
| FETH Fidelity Ethereum Fund | Sold out | 0.00% | −0.04 |
| TXN Texas Instruments Inc. | Reduce -92.0% | 0.00% | −0.04 |
| PLTR Palantir Technologies Inc. Class A | Reduce -13.3% | 0.12% | −0.04 |
Portfolio Buys Q3 2025 → Q4 2025
| AVGO Broadcom Inc. | Add +289.9% | 3.74% | +2.70 |
| TSLA Tesla Inc. | Add +181.3% | 3.66% | +2.19 |
| BMNR Bitmine Immersion Technologi | Add +560.0% | 2.95% | +1.97 |
| IREN Iren Ltd. | Add +36456.8% | 1.83% | +1.82 |
| ORCL Oracle Corp. | Add +871.1% | 2.07% | +1.72 |
| ASTS Ast Spacemobile Inc. | Add +126.7% | 2.27% | +1.50 |
| IONQ Ionq Inc. | Add +410.1% | 1.98% | +1.37 |
| APLD Applied Digital Corp. | Add +38484.6% | 1.04% | +1.03 |
| META Meta Platforms Inc. Class A | Add +71.4% | 3.83% | +0.99 |
| HD Home Depot Inc. | Add +160.1% | 1.81% | +0.87 |
| GOOGL Alphabet Inc. Class A | Add +366.2% | 0.96% | +0.78 |
| NBIS Nebius Group NV | Add +461.2% | 0.89% | +0.65 |
| AXP American Express Co. | Add +9704.2% | 0.60% | +0.60 |
| CLSK Cleanspark Inc. | Add +23812.2% | 0.59% | +0.59 |
| QBTS D-Wave Quantum Inc. | Add +74.9% | 1.30% | +0.49 |
| UNH Unitedhealth Group Inc. | Add +32.4% | 5.01% | +0.49 |
| QUBT Quantum Computing Inc. | Add +255.6% | 0.92% | +0.39 |
| OPEN Opendoor Technologies Inc. | Add +15561.7% | 0.37% | +0.36 |
| MSOS Advisorshares Pure US Cann | New | 0.35% | +0.35 |
| CRCL Circle Internet Group Inc. | Add +652.8% | 0.47% | +0.35 |
| BIL SS SPDR BB 1-3M T-Bill ETF | Add +7295.6% | 0.28% | +0.28 |
| STLA Stellantis NV | Add +915.1% | 0.27% | +0.25 |
| GS Goldman Sachs Group Inc. | Add +7712.1% | 0.24% | +0.24 |
| TLT iShares 20+ Year Treasury BD | Add +89.0% | 0.62% | +0.24 |
| APO Apollo Global Management Inc. | New | 0.22% | +0.22 |
| RDDT Reddit Inc. Class A | Add +34.1% | 1.50% | +0.22 |
| WULF Terawulf Inc. | New | 0.22% | +0.22 |
| AMZN Amazon.com Inc. | Add +77.7% | 0.55% | +0.21 |
| NVTS Navitas Semiconductor Corp. | Add +22203.8% | 0.21% | +0.21 |
| HIMS Hims & Hers Health Inc. | Add +162.2% | 0.85% | +0.20 |
| ETHA iShares Ethereum Trust ETF | Add +125.9% | 0.69% | +0.20 |
| AAPL Apple Inc. | Add +50.2% | 0.66% | +0.19 |
| VOO Vanguard S&P 500 ETF | Add +70.4% | 0.55% | +0.19 |
| HON Honeywell International Inc. | New | 0.16% | +0.16 |
| ETOR Etoro Group Ltd. Class A | Add +291.3% | 0.23% | +0.15 |
| MSFT Microsoft Corp. | Add +48.5% | 0.85% | +0.15 |
| VRT Vertiv Holdings Co. Class A | Add +36.8% | 0.67% | +0.15 |
| MCHP Microchip Technology Inc. | Add +2689.2% | 0.16% | +0.15 |
| DY Dycom Industries Inc. | New | 0.14% | +0.14 |
| DHT DHT Holdings Inc. | Add +5860.2% | 0.14% | +0.14 |
| AMAT Applied Materials Inc. | Add +34.5% | 0.43% | +0.14 |
| PKBK Parke Bancorp Inc. | New | 0.13% | +0.13 |
| B Barrick Mining Corp. | Add +1727.3% | 0.12% | +0.12 |
| QS Quantumscape Corp. | Add +5655.1% | 0.12% | +0.12 |
| ISRG Intuitive Surgical Inc. | Add +700.2% | 0.12% | +0.11 |
| NVO Novo-Nordisk A/S-Spons ADR | Add +54.8% | 0.55% | +0.11 |
| SPY SS SPDR S&P 500 ETF Trust-US | Add +1195.8% | 0.11% | +0.10 |
| FITB Fifth Third Bancorp | New | 0.10% | +0.10 |
| PONY Pony AI Inc. | New | 0.09% | +0.09 |
| HOOD Robinhood Markets Inc. Class A | Add +51.9% | 1.84% | +0.09 |
Options Activity Q3 2025 → Q4 2025
| META Meta Platforms Inc. Class A | put | Add +130.9% | 676,000 | $446.2M |
| UNH Unitedhealth Group Inc. | put | Add +57.0% | 1,190,000 | $392.8M |
| TSLA Tesla Inc. | put | Reduce -36.6% | 838,300 | $377.0M |
| BKNG Booking Holdings Inc. | put | Reduce -2.3% | 65,000 | $348.1M |
| AAPL Apple Inc. | put | Add +26.3% | 1,200,000 | $326.2M |
| MA Mastercard Inc. Class A | put | Reduce -24.6% | 490,000 | $279.7M |
| AVGO Broadcom Inc. | put | Add +127.1% | 795,000 | $275.1M |
| AAPL Apple Inc. | call | Add +5.4% | 1,003,000 | $272.7M |
| NVDA Nvidia Corp. | put | Add +52.0% | 1,385,700 | $258.4M |
| MSFT Microsoft Corp. | put | Reduce -21.3% | 516,500 | $249.8M |
| IBIT iShares Bitcoin Trust ETF | call | Add +217.2% | 4,454,000 | $221.1M |
| MSFT Microsoft Corp. | call | Reduce -41.1% | 355,900 | $172.1M |
| HD Home Depot Inc. | put | Add +162.2% | 485,000 | $166.9M |
| BKNG Booking Holdings Inc. | call | New | 30,000 | $160.7M |
| QQQ Invesco QQQ Trust Series 1 | put | Add +51.2% | 257,100 | $157.9M |
| TSLA Tesla Inc. | call | Reduce -73.7% | 346,000 | $155.6M |
| NFLX Netflix Inc. | put | Reduce -26.8% | 1,500,000 | $140.6M |
| AMGN Amgen Inc. | put | Add +100.0% | 400,000 | $130.9M |
| IBIT iShares Bitcoin Trust ETF | put | Add +1248.7% | 2,495,000 | $123.9M |
| AMGN Amgen Inc. | call | New | 350,000 | $114.6M |
| META Meta Platforms Inc. Class A | call | Add +6207.7% | 164,000 | $108.3M |
| NVDA Nvidia Corp. | call | Add +941.5% | 572,800 | $106.8M |
| AMZN Amazon.com Inc. | put | Reduce -12.4% | 425,000 | $98.1M |
| HYG Ishr Ibx Usd Hiyld CB ETF-Ui | put | Add +59.6% | 984,000 | $79.3M |
| AMAT Applied Materials Inc. | put | Add +200.0% | 300,000 | $77.1M |
| QQQ Invesco QQQ Trust Series 1 | call | Add +33.3% | 120,000 | $73.7M |
| GOOGL Alphabet Inc. Class A | put | Add +56.3% | 234,500 | $73.4M |
| BRK.B Berkshire Hathaway Inc. Class B | put | Add +21.7% | 140,000 | $70.4M |
| NOW ServiceNow Inc. | put | Sold out | 350,000 | $64.4Mbefore exit |
| ORCL Oracle Corp. | put | Add +7188.9% | 328,000 | $63.9M |
| ISRG Intuitive Surgical Inc. | put | New | 100,000 | $56.6M |
| AXP American Express Co. | put | New | 150,000 | $55.5M |
| AMD Advanced Micro Devices | put | Add +3789.2% | 252,800 | $54.1M |
| CRM Salesforce Inc. | put | Reduce -11.1% | 200,000 | $53.0M |
| BRK.B Berkshire Hathaway Inc. Class B | call | New | 100,000 | $50.3M |
| AMZN Amazon.com Inc. | call | Reduce -47.9% | 211,100 | $48.7M |
| SPGI S&P Global Inc. | put | Sold out | 100,000 | $48.7Mbefore exit |
| CI The Cigna Group | put | Add +36.7% | 167,500 | $46.1M |
| ISRG Intuitive Surgical Inc. | call | New | 80,000 | $45.3M |
| AMD Advanced Micro Devices | call | New | 209,900 | $45.0M |
| FBTC Fidelity Wise Origin Bitcoin | call | Sold out | 400,000 | $39.9Mbefore exit |
| TMO Thermo Fisher Scientific Inc. | put | Sold out | 80,000 | $38.8Mbefore exit |
| AMAT Applied Materials Inc. | call | New | 150,000 | $38.5M |
| KLAC KLA Corp. | call | Add +50.0% | 30,000 | $36.5M |
| INTU Intuit Inc. | put | Reduce -2.3% | 51,000 | $33.8M |
| IWM iShares Russell 2000 ETF | put | Reduce -7.5% | 135,000 | $33.2M |
| INTU Intuit Inc. | call | New | 43,700 | $28.9M |
| SPY SS SPDR S&P 500 ETF Trust-US | put | Add +36.8% | 42,000 | $28.6M |
| INTC Intel Corp. | put | Add +7.9% | 680,000 | $25.1M |
| DELL Dell Technologies -C | put | Reduce -2.5% | 195,000 | $24.5M |
Showing the first 50 of 171.
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
Notes & Other Activity Q3 2025 → Q4 2025
| STRATEGY INC (MSTR 8 PERP) | SERIES A PERP PF | Add +19.7% | 4,400 | $347K |
| INFQ.WS Churchill Capital Corp. X | *W EXP 05/14/203 | New | 14,220 | $109K |
| USGOW US Goldmining Inc.-28 | *W EXP 99/99/999 | Sold out | 37,729 | $63Kbefore exit |
| COHEN & STEERS INFRASTRU | RIGHT 10/16/2025 | Sold out | 480,104 | $37Kbefore exit |
| SPKWF Spark I Acquisition Corp.-28 | *W EXP 10/01/203 | Sold out | 10,000 | $6Kbefore exit |
| FOXXW 1OXX | *W EXP 09/26/202 | New | 26,000 | $3K |
| GDEV INC | *W EXP 99/99/999 | Add +63.9% | 131,111 | $2K |
| CLEARBRIDGE ENERGY MI-RT | RIGHT 10/10/2025 | Sold out | 114,501 | $2Kbefore exit |
| ISLWF Israel Acquisitions Corp.-28 | *W EXP 99/99/999 | Sold out | 10,000 | $2Kbefore exit |
| ARKOW Arko Corp. -CW25 | *W EXP 12/22/202 | Sold out | 40,000 | $372before exit |
| RIVERNORTH OPPORTUNI-RT | RIGHT 10/06/2025 | Sold out | 15,071 | $122before exit |
Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 944 | $13.5B | SNDK, MRVL, ASTS, AVGO, LITE |
| Q1 2026 | 868 | $9.6B | LITE, MSTR, AVGO, SNDK, BRRR |
| Q4 2025 | 822 | $9.2B | UNH, MSTR, BRRR, NVDA, IBIT |
| Q3 2025 | 684 | $8.1B | MSTR, BRRR, IBIT, NVDA, MA |
| Q2 2025 | 507 | $5.3B | MSTR, MA, BKNG, LLY, TSLA |
| Q1 2025 | 673 | $5.2B | MSTR, IBIT, NVDA, BRRR, UNH |
| Q4 2024 | 665 | $5.9B | NVDA, TSLA, IBIT, MSTR, AVGO |
| Q3 2024 | 589 | $4.4B | MSTR, IBIT, INTU, NVDA, BRRR |
| Q2 2024 | 621 | $3.7B | NVDA, IBIT, AVGO, COST, BRRR |
| Q1 2024 | 461 | $3.1B | NVDA, IBIT, AVGO, LLY, SMCI |